Question

Why was International Monetary Fund established?

(a) To maintain peace and security among the countries
(b) Lends money to governments of member nations when in need
(c) To implement and formulate trade agreements
(d) To take decision regarding misery and poverty of western countries

Answer 1

(b) Lends money to governments of member nations when in need

Answer 2

International Monetary Fund established to Lend money to governments of member nations when in need.